Institutional Equity - Prime Brokerage Strat, Associate (New York)

16 MS & Co., LLC; New York (NY); On-site; USD 120,000 - 190,000; Full time

Job summary

Morgan Stanley is seeking a Prime Brokerage Strats professional to deliver analysis and bespoke tooling for the Equity Financing Products desk. You will work closely with traders, marketers and senior management to create insights and optimize trading strategies.

The role involves building custom reports, performing P&L analysis and developing tools to evaluate new trades and inventory usage, while contributing to the design and maintenance of internal infrastructure.

Qualifications

• 2+ years of experience in developing applications, at college, or work experience.
• Knowledge of SQL, KDB or equivalent database programming.
• Experience with Python or equivalent high-level computer programming language.
• Excellent problem solving and analytical skills.
• Ability to effectively manage time, priorities, and multitasking.
• Strong written and verbal communication skills.

Responsibilities

• Provide analysis and bespoke tooling across all desk activities.
• Create custom reporting for clients and P&L analysis.
• Develop tools to analyze the cost and impact of new trades, inventory usage.
• Design, build and maintain infrastructure for the desk.
• Collaborate with traders, marketers and senior management.

Skills

SQL/KDB

Python

Analytical thinking

Time management

Communication skills

Tools

KDB/Q

AI tooling

Job description

Job Description

The Institutional Equity Division (IED) is a global leader in the origination, distribution and trading of equity, equity-linked and equity-derivative securities. The Firm’s equity Sales & Trading operations provide liquidity, distribute content, and create product solutions to help our clients generate alpha. The Equity Financing Products department acts as a strategic partner to more than 800 top hedge fund managers: executing and clearing trades across asset classes, time zones, and currencies; providing financing and expertise to help manage risk and benefit from technology; and consults to help launch new funds and connect with them potential investors. Within Equity Financing Products, the Prime Brokerage (PB) Strategists team, facilitate three core business areas, IED Equity Swaps trading, Stock Loan, Firm Funding, and PB PnL attribution. This includes using synthetic trades to improve efficiency of balance sheet usage, funding and liquidity.

Position Description

Prime Brokerage Strats work in close collaboration with traders, marketers, senior management and other Strats to provide analysis and bespoke tooling across all of the desk’s activities. This may range from custom reporting for clients, P&L analysis, tools to analyze the cost and impact of new trades, inventory / firm resource consumption and fast ad hoc analysis and tooling for situations and opportunities as they appear. The team also has the responsibility for design, build and maintenance of its own infrastructure. In this rapidly growing area and varied environment, you will have the opportunity to apply your existing abilities, while learning the business and acquiring new technical skills.

Qualifications

• Knowledge of financial industry or financial product data analysis 2+ years of experience in developing applications, at college, or work experience
• Knowledge of SQL, KDB or equivalent database programming
• Experience with Python or equivalent high-level computer programming language
• Excellent problem solving and analytical skills
• Ability to effectively manage time, priorities, and multitasking
• Strong written and verbal communication skills

Nice to have

• Experience of using AI tooling to streamline development
• Experience with of KDB/Q
• Knowledge of Equity Derivatives
• Knowledge of Stock Loan
• Knowledge of Prime Brokerage

WHAT YOU CAN EXPECT FROM MORGAN STANLEY

At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work. To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.

Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents. Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences. For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo. At Morgan Stanley, we advise, originate, trade, manage and distribute capital for people, governments and institutions, always with a standard of excellence and guided by our core values. Morgan Stanley is dedicated to providing first-class service to our clients, in a way that reflects our commitment to creating a more sustainable future and fostering stronger communities around the world. In each line of business, we strive to demonstrate our belief in the power of transformative thinking, innovative strategies and leading-edge solutions—and in the ability of capital to work for the benefit of all society.